country. they're using e congress to do it. some of the congressmen are just comreshlgs they're ignorant. the other ones are totally liars. this is what's going on in our country. they're trying to steal it. >> devlin barrett, he talks abou bankers. specific charge on congresswoman wate is about that bank in california where her husband owned stock, correct? >> right. the issue there is that she's accused of using her position to help get financial aid, get government aid, millions of dollars for a bank that her husband had a significant stock holding in. she will -- her contention is that all she was ever doing was trying not to help a specific bank but to help a group of minority and women-owned banks that were not getting the attention they deserved from the federal government in the midst of the financial crisis and the financial meltdown. you know, as you showed earlier, she went through a whole power

point presentation and she has some e-mail evidence to back that up. but at the same time, people say, well, why would you spend so much time on a project that ended up getting a bank that your husband owns shares of help? >> marvin in texas, go ahead. democratic caller. we'll move on to john in lakewood, florida, also on our democrats line. hi? >> how are you today? >> i'm fine. >> i was wondering if i could ask an ethics question but not dealing with rangel or waters but the ethics of republicans and democrats working together. >> explain yourself a little more. what do you mean, john? >> well, i was on ed henry's cnn radio talk show and i also met with ted deutsch's chief of staff here in south florida with an idea to create 4 million jobs from the publicect sector in abt six months. and they both were very excited about the idea. i'm wondering if you think that

in this climate, would this idea, if it ever you know gets to anyone's attention, if republicans and democrats, do you think they could really bridge what's going on now and be ethical and do what's best for this country? >> do ethics issues make it easier or harder for republicans and democrats to work together? >> i think as a general rule, they make it harder because anyone who's charged, anyone who's investigated takes usually those lawmakers take it as a very personal attack and i think and say look, forget what we're doing on the investigation. weigh need you on this bill. it can be done but i think it's hard and i think you know, a full-blown ethics investigation ratchets up the tension for everyone involved. >> i want to venture over to the senate side. this is a question about john ensign, a blog posting at "huffington post" this afternoon about some comments john ensign made "if you don't hold us

accountable, we'll do some bad things ind.c." he's facing ethics concerns as well, but that hasn't gotten to the committee level on the senate side, has it? >> no, one of the interesting things that happens with allegations of lawmaker misconduct is sometimes it sort of goes into a funnel toward the criminal investigation side. and sometimes it goes into t funnel of the internal congress willing ethics investigation. what you will see in ensign's case that, funnel really headed toward the criminal side fairly quickly. and in rangel's case that, has pretty much as best anyone can tell always stayed in the congressional committee level. and part of that's based on the facts in dispute. and part of that is also just based on how these things come to lig in the first place. >> washingn state, kevin, independent line. good afternoon. >> good afternoon. i guess my comment is this. ethics in washington is pretty much gone at this point. democrats, republicans, across

the board. it's gotten to where america does not trust the people who are sent there to serve them. okay? i think term limits would probably be a good idea. charles rangle has been there for years. i'm not even sure how many years at this point. >> about 40. >> and he's written these tax laws that he screwed up. does that make any sense at all? he's the one writing these laws, yet he screws them up. >> want to mention term limits, but that discuss does not seem to come up in this election cycle, devlin barrett. >> no, and i think part of at reason may be because the ethics stuff has not taken center stage just the way the economy has. i mean, what most voters really talk about are the economy, are the economic issues. and i think part of that, when ethics does come into play, i think oftentimes what you hear from voters is part of the reason why we have such a bad

economy is because the lawmakers are not paying close enough attention and they're acting collectively or individually unethically. >> a couple more calls. one next is alan in texas on our republican line. hi there. >> hello. how are you today? >> fine, thanks. >> just a couple of comments. number one, i believe that amera has gotten into a situation now where we're picking sides as opposed to taking a look at who can honestly serve our area better than the other. and because of that, the cost of running campaigns nowlmost forces our politicians into a situation where they're willing to bend the rules to enable themselves to get the kind of money they need to run their campaigns. that's all i have to say. >> richard, thanks for that. devlin barrett, the influence of money. >> yeah, it's interesting. that's a big factor in the oce

investigation we talked about about the lawmakers raising money during key votes. it's actually less of an issue in terms of the rangel and waters cases although one of the things congressman rangel is accused of doing is improperly using his office to solicit money for separate outside entity that he was trying to get created with his name on it, but one of the things that you heard in that call and that you hear a lot even from some lawmakers is that there is so much money need in the system now to run for office, that even if they can't find the unethical quality of it, they believeit's there. >> the amount of money, what was roughly the amount of money that this money for one united bank, the maxine waters charges where her husband's a stockholder, how much were they looking for from that t.a.r.p. fund. >> i believe the inial ask was for $50 million. i believe that was the number suggested and bandied about at first. i believe what they took away from t.a.r.p. in the end was $12

million. >> $12 million in the overall t.a.r.p. spending was how much? >> it was t.a.r.p., if i remember correctly was in the hundreds of billions. this was a relatively very small portion of that. and you know, waters' argument is just look at that and why is it that you know, the smaller institutions had so little benefit from t.a.r.p. >> let's hear one more thought. this is john in lakewood, florida, on our democrats line. >> hi. i asked a question earlier and i got my answer and i want to know if you can ge me lis -- listen to my idea about creating 4 llion jobs. >> thanks for weighing in. thanks for all the callers. devl >> coming up next, president obama talks about the economy in a visit to ohio followed by

today's "washington journal." later the governors' association looks at the gubernatorial elections nationwide. you are watching c-span. >> this weekend, commemorating september 11 -- the events that led up to 9/11 and the details of the twin towers, the collapse, the cleanup, and the manpower it took to achieve it. arianna huffington says america is losing its position as an economic and political leader and puts the blame on corporations. for all of this weekend's programs and airtimes, go to book-tv.org. sol alinsky is considered the father of community organizing. >> this defies all the

stereotypes of what it rabble rouser is supposed to be. >> nicholas hoffman writes about his experiences working with saul alinsky and talks about it sunday night. >president obama called for letting bush tax cuts aspire for individuals making more than $250,000 per year. he accused congressional republicans of blocking him in the house. this took place in cleveland. this is 50 minutes.

[applause] >> thank you very much everybody. it had a secret we have business to do today. thank you very much i love you back, thank you. before i get started, i want to just acknowledge some outstanding public servants who are here. one of the finest governors and this country, ted strickland.

[applause] the lieutenant governor and soon-to-be junior senator from the great state of ohio, lee fisher is here. [applause] i used to hear that line about the senator from illinois. that would be made. [laughter] outstanding mayor of cleveland, frank jackson is here. [applause] the mayor of parma. [applause] somebody who is fighting for work and families every single day, the sheriff. [applause] 3 of the hardest working and

finest members of the house of representatives, dennis kucinich [applause] marcia birch, and john burterri. good afternoon, everybody is good to be back in ohio. her you know, in the fall of 2008, one of the last rallies of my presidential campaign was right here, in the cleveland area. [applause] it was a hopeful time, just two days before the election. we knew that if we pulled it off, we would finally have the chance to tackle some bacon difficult challenges that had

been facing this country for a long time. we also hoped for a chance to get beyond some of the old political divides between democrats and republicans, red states and blue states that have prevented us from making progress. although we are proud to be democrats, we are prouder to be americans and we believe [applause] we believed then and we believe now that no single party has a monopoly. that is not to say that the election did not expose deep differences between the parties. i ran for president because for much of the last decade, a very specific governing philosophy had reigned about how america

should work. cut taxes, especially for millionaires and billionaires, cut regulations for special interests, cut trade deals, even if they did not benefit our workers, cut back on investments in our people and their future and education and clean energy and research and clean technology. the idea was that if we just have blind faith and the market, if we let corporations play by their own rules, if we left everyone else -- else to fend for themselves, america would grow and america would prosper. for a time, this idea gave us the illusion of prosperity. we sought financial firms and ceo s taken record profits and

bonuses. we sought a housing boom that led to new home owners and jobs in construction. consumers bought more condos and bigger cars and better tv's. while all this was happening, the broader economy was becoming weaker. nobody understands that more than the people of ohio. job growth between 2000-2008, was slower than it had been in any economic expansion since world war two. slower than it has been over the last year. the wages and incomes of middle- class families kept falling while the cost of everything from tuition to health care kept on going up.

folks were forced to put more debt on their credit cards and borrow against homes that many could not afford to buy in the first place. meanwhile, a failure to pay for two wars and two tax cuts for the wealthy helped turn a record surplus into a record deficit. i ran for president because i believe that this kind of the economy was unsustainable for the middle-class and for the future of our nation. i ran because i had a different idea about how america was built. [applause] it was an idea rooted in my own family's story.

michelle and i are where we are today because even though our families did not have much, they worked tirelessly without complaint so that we might have a better life. my grandfather marched off to europe in world war two while my grandmother worked in factories on the home front. i had a single mom who put herself through school and would not -- and would wait before dawn to make sure i got a decent education. michelle can still remember her father heading out to his job as a city worker long after multiple sclerosis admitted impossible for him to walk without crutches. he always got to work. he just had to get up a little early. yes, our families believed in the american values of self- reliance and individual

responsibility and they instill those values. and their values -- in their children. they believe in a country that rewards responsibility. , a country that rewards hard work, a country built on the promise of opportunity and upward mobility. they believed in an america that gave my grandfather the chance to go to college because of the gi bill. an america that gave my grandparents the chance to buy a home because of the federal housing authority. an america that gave their children and grandchildren the chance to fulfill our dreams? to college loans. and college scholarships. it was an america where you did not buy things you could not afford, where we did not just about today, we thought about tomorrow. an america that took pride in

the goods that we made, not just the things we consumed. and america where a rising tide it really did lift all boats from the company ceo to the guy on the assembly line. that is the america i believe in. [applause] that is the america i believe them. in. that is what led me to work in the shadow of the shattered still plant on the south side chicago when i was a community organizer. that is what led me to fight for factory workers at manufacturing plants closing across illinois when i was senator. that is what led me to run for president. i do not believe we couldn't have a strong and growing economy with out a strong and growing middle class. [applause]

much has happened since that election. the flawed policies and economic weaknesses of the previous decade, they did -- culminated in a financial crisis and the worst recession of our lifetimes. my hope was that the crisis would cause everybody, democrats and republicans, to pull together and tackle our problems and a practical way. as we all know, things did not work out that way. some republican leaders figured it was smart politics to sit on the sidelines and let democrats saw all the mess. others believed on principle that government should not meddle in the markets even when

the markets are broken. with the nation losing nearly 800,000 jobs the month that i was sworn into office, my most urgent task was to stop a financial meltdown and prevent this recession from becoming a second depression. [applause] in ohio, we have done that. the economy is growing again. the financial market is stabilized. the private-sector has created jobs for the last eight months in a row. [applause] and there are roughly 3 million americans who are working today because of the economic plans we put into place.

the truth is, progress has been painfully slow. millions of jobs were lost before our policies even had a chance to take effect. we lost 4 million jobs in the six months before i took office. it was a hole so deep that even though we edit jobs, millions of americans remain unemployed. hundreds of thousands of families have lost their homes. millions more can barely pay the bills or make the mortgage. the middle class is still treading water. those aspiring to reach the middle class are doing everything they can to keep from drowning. meanwhile, some of the very steps that were necessary to save the economy like temporarily supporting the banks and the auto industry said the

perception that washington is still ignoring the middle-class in favor of special interests. people are frustrated and they are angry and they are anxious about the future. i understand that. i also understand that in a political campaign, the easiest thing for the other side to do is to ride this fear and anger all the way to the election. that is what is happening right now. a few weeks ago, the republican leader of the house came here to cleveland and offered his party's answer to our economic challenge. it would be one thing if he had admitted his party's mistakes during the eight years they were in power, that they had gone off for a while and meditated and come back and offer a credible

new approach to solving our country's problems. that is not what happened. there were no new policies from mr. behner. there were no new ideas. there was just the same philosophy that we have already tried during the decade they were in power. the same philosophy is that led to this mess and the first place. cut more taxes for millionaires, and cut more rules for corporations. instead of coming together like past generations did to build a better country for our children and grandchildren, their argument is that we should let insurance companies go back to denying care for folks who are sick. or let credit companies go back to raising rates without any reason. instead of setting our sights higher, they are asking us to

settle for a status quo of stagnant growth and eroding competitiveness and a shrinking middle class. cleveland, that is not the america i know. that is not the america we believe them. [applause] -- we believe in. [applause] but a lot of changes since i came here in those final days of the last election. what has not changed is the choice facing this country -- is still fear versus hope. the past versus the future. it is still a choice between sliding backward and moving forward. that is what this election is about. that is the choice that you will face in november. [applause]

we have a different vision for the future. i have never believed that government has all the answers to our problems. i have never believed that the government's role is to create jobs or prosperity. i believe it is the drive and ingenuity of our onto the norse, small businesses, skill and dedication of our workers that is made as the wealthiest nation [applause] on] i believe it is the private sector that must be the main engine for a recovery. i believe government should be lean, government should be efficient, i believe government should leave people free to make the choices they think are best for themselves and their families so long as those

choices do not hurt others. [applause] but in the words of the first republican president, abraham lincoln, i also believe that government should do for the people what they can of -- what they cannot do better for themselves. [applause] that means making the long term investments in this country's future that individuals and corporations cannot make on their own. investments in education and clean energy, in basic research and technology and infrastructure. [applause] that means making sure that corporations live up to their responsibilities, the tree consumers fairly employed by the

same rules as everybody else. [applause] their responsibilities to look out for the workers as well as their shareholders and create jobs at home. that means providing a hand up for middle-class families. if they work hard and meet their responsibilities, they can afford to raise their children and send them to college, see a doctor when they get sick, that is what we democrats believe in. a vibrant free-market but one that works for everybody. [applause] that is our vision. that is our vision for a stronger economy and a growing middle class. that is the difference between what we and republicans in

congress are offering the american people right now. let me give you a few specific examples of our different approaches. this week i proposed some additional steps to grow the economy and help businesses spurred hiring. one of the keys to job creation is to urge companies to invest more in the united states. for years, our tax code has actually given billions of dollars in tax breaks that encourage companies to create jobs and profits in other countries. i want to change that. [applause] i want to change that. instead of tax loopholes that incentivize investment in overseas jobs, i am proposing a

more generous permanent extension of the tax credit that goes to companies for all the research and innovation they do right here in ohio, right here in the united states of america [applause] i am proposing that all american businesses should be allowed to write off all the investments they do in 2011 and this will help small businesses operate their plants and equipment and will encourage large corporations to get off the sidelines and start putting their profits to work in places like cleveland and toledo and dayton. [applause] to most of you, i bet this seems like common sense. [laughter] but not to mr. behner and his allies. for years, republicans have fought to keep these corporate

loopholes (in fact, when mr. behner was here in cleveland, he attacked us for closing a few of these loopholes and using the money to help states like ohio keep hundreds of thousands of teachers, cops, and firefighters on the job. [applause] mr. behner dismissed these jobs we saved, teaching our kids, patrolling our streets, rushing into burning buildings as" government jobs." jobs i guess he thought were not worth saving. i could not disagree more. i think teachers and police officers and firefighters are part of what keep america strong. [applause]

ohio, i think if we are going to give a tax credit companies, they should go to companies that create jobs in america not that create jobs overseas. [applause] that is one debra's between the republican vision and the democratic vision -- that is one difference between the republican vision and the democratic vision. that is what this election is all about. [applause] let me give you another example. we want to put more americans back to work rebuilding america. our roads, our railways, our runways. when the housing sector collapsed and the recession hit, one in every four jobs lost were in the construction industry. that is partly why our economic plan has invested in badly needed infrastructure projects

over the last 19 months. high-speed railroads and expanded broadband access. altogether, these projects have led to a good private sector jobs especially for those in the trades. mr. behner and republicans in congress said no to these projects, fought with them to send mail. i should say it did not stop them from showing up at ribbon cuttings, trying to take. credit credit. that is always a sight to see. [laughter] there are still thousands of miles of railroad and railways and run was left to repair and improve and engineers, economists, governors, mayors of every political stripe believe that if we want to compete in this global economy, we need to rebuild this vital infrastructure.

there is no reason europe or china should have the fastest trains or the most modern airports. we want to put america to work building them right here in america. [applause] so this week i proposed a six- year infrastructure plan that would start putting americans to work right away. but despite the fact that this is traditionally been an issue with bipartisan support, mr. banner has so n saido 2 infrastructure has fought -- saidno 2 infrastructure. that is what this election is all about. i will give you one final example of the differences between us and the republicans. that is on the issue of tax

credits. under the tax plan passed by the last administration, taxes are scheduled to go up substantially next year. for everybody. by the way, this was by design for it when they passed these tax cuts in 2001 and 2003, they did not want everybody to know what would do to our deficit. they pretended like they were going to end even though now they say they don't. i believe we should make the tax cuts for the middle class permit. -- hermann [applause] and. for the middle class permanent. these families are the ones who saw their wages and income flat line over the last decade. you deserve a break. [applause]

you deserve some help and because folks in the middle class are more likely to spend their tax cuts on basic necessities, that strengthens the economy as a whole. but the republican leader of the house does not want to stop there. make no mistake -- he and his party believe we should also give a permanent tax cut to the wealthiest 2% of americans. with all the other budgetary pressures we have, with all the republicans talk about wanting to shrink the deficit, they would have us borrow $700 billion over the next 10 years to give a tax cut of about $100,000 each to folks who are

already millionaires. keep in mind, wealthy americans are just about the only folks who saw their incomes rise when republicans were in charge. and these are the folks who are less likely to spend the money which is why economists don't think tax breaks for the wealthy would do much to boost the economy. so, let me be clear to mr. behner and everybody else -- we should not hold a middle class tax cut hostage and a longer period [applause] -- any law. under -- any longer. [applause] we are ready this week if they want to give tax cuts to every american making $250,000. or less. [applause]

that is 97% of americans. for any income over this amount, the tax rates would just go back to what they were under president clinton. this is not to punish folks who are better off. god bless them. this is because we cannot afford the $700 billion price tag. [applause] and for those who claim that our approach would somehow be bad for growth and that for small businesses, let me remind you that with those tax rates in place under president clinton, this country created 22 million jobs and raised in, and had the

largest surplus in our history. [applause] in fact, if the republican leadership in congress really wants to help small business, they will stop using legislative maneuvers to block an up or down vote on a small business jobs bill that is before the senate right now. right now. this is a bill that would do two things -- it would cut taxes for small businesses and make loans more available for small businesses. [applause] it is fully paid for. it will not add to the deficit and it was written by democrats and republicans. and yet, the other party continues to block this jobs bill. it is a delay that small-

business owners have said is actually leading them to put off hiring. look, i recognize that most of the republicans in congress have said now to just about every policy i have proposed since taking office. -- a setno to just about every sa --id note to just about every policy i have proposed since taking office. on issues like this one, a tax cut for small businesses supported by the chamber of commerce, the only reason they are holding this up is politics, pure and simple. [applause] they are making the same calculation they made just before my inauguration. if i fail, they win.

well, they might think that this will get them to where they want to go in november, but it will not get our country going where it needs to go in the long run. [applause] it will not get us there. [applause] it will not get us there. [applause] it won't get us there. [applause] so, that is the choice, ohio. do we return to the same failed policies that ran our economy

into a ditch or do we keep moving forward with policies that are slowly pulling us out? [applause] do we settle for a slow decline or do we reach for an america with a growing economy and a thriving middle-class tax [applause] that is the american ic. we may not be there yet but we know where this country needs to go. we see a future where we invest in american innovation and american ingenuity, where we export more goods so we create more jobs here at home, where we make it easier to start a business or patent and invention, where we build a home run clean energy industry because i do not want to seek new solar panels or electric cars or advanced batteries manufactured in europe or asia.

i want to see them made right here in the u.s. of a. by american workers [applause] . [applause] we see an america where every citizen has the skills and training to compete with any worker in the world. that is why we have set a goal to have the highest portion of college graduates in the world by 2020. [applause] that is why we are revitalizing community colleges like this one. [applause] that is why we are reforming our education system based on what works for our children, not

what perpetuates the status "[applause] . we see an america where a growing middle class is the beating heart of a growing economy. that is why i kept my campaign promise and gave a middle-class tax cut to 95% of working americans. [applause] that is why we passed health insurance reform to stop insurance companies from jacking up your premiums at will or denying coverage because you get sick. [applause] that is why we passed financial reform that will end taxpayer- funded bailout, reforms that will stop credit card companies and mortgage lenders from taking advantage of taxpayers and consumers. that is why we are trying to make it easier for workers to save for retirement and fighting

the efforts of some in the other party of privatized social security. as long as i am president, no one will take a retirement savings of a generation and turn it over to wall street. not on my watch. [applause] that is why we are fighting to expand the tax credit and make available the new colors tax credit because that will mean $10,000 in tuition relief for each child going to four years of college [applause] i don't want any parent not to be sending their child in good times or bad to college. because they can't afford it. finally, we see an america where we refuse to pass on the debt we

inherited to the next generation. let me spend just a minute on this issue because we have heard a lot of moralizing on the other side about this. government spending and debt. along with the tax cuts for the wealthy, the other party boss main economic proposal is that they will stop government spending. it is right to be concerned about the long-term deficit. if we don't get a handle on it soon, it can endanger our future. at a time when folks are tightening their belts at home, i understand why many americans feel it is time for government to show some discipline, too. when look at the facts -- these same republicans including mr. behner were in charge, the

number earmarks and pet project went up, not down. these same republicans turned a record surplus into a record deficit. when i walk 10 wrapped in ab niceow was a $1.30 trillion deficit sitting on my doorstep. [laughter] it was a welcoming present. just this year, these same republicans voted against a bipartisan fiscal commission that they themselves had proposed. once i decided i was for it, they were against it. [laughter] when you ask them what programs they had actually cut, they

don't have an answer. that is not fiscal responsibility. that is not a serious plan to govern. i will be honest -- i refused to cut back on those investments that will grow our economy in the future. [applause] investments in areas like education and clean energy and technology. i don't want to cut those things. that is because economic growth is the single best way to bring down the deficit and we need these investments to grow. but i am absolutely committed to fiscal responsibility which is why i have already proposed freezing all discretionary spending unrelated national security for the next few years. [applause] once the bipartisan fiscal

commission finishes its work, i will spend the next year making the tough choices necessary to further reduce our deficit and lower our debt. whether i get help from the other side or not. [applause] of course, reducing the deficit will not be easy. making up for the 8 million lost jobs caused by this recession will not happen overnight. not everything we have done over the last two years has worked as quickly as we had hoped. i am keenly aware that not all of our policies have been popular. our job is not easy, but you did not elect me to do what was easy. [applause] you did not elect me to read the

polls and figure how to keep myself in office. you did not elect me to avoid big problem. you elected me to avoid -- to do what was right and as long as i am president, that is exactly what i intend to do. [applause] this country is emerging from an incredibly difficult period in its history. an era of irresponsibility that

stretched from wall street to washington and had a devastating affect on a lot of people. we have started turning the corner on that europe. er --a. part of moving forward is returning to the values that started this country, hard work and self-reliance. responsibility for ourselves, but also responsibility for one of. another it is about moving from an attitude that said what is in it for me to one that asks what is best for america, what is best for all our workers, what is best for all our businesses, what is best for all of our children? [applause] these values are not democratic or republican. they are not conservative or

liberal values. they are american values. as democrats, we take pride in what our party has accomplished, social security and the minimum wage, the gi bill medicare, civil rights and workers' rights and women's rights. [applause] but we also recognize that throughout our history, there has been a noble republican vision as well of what this country can be. that is the vision of abraham lincoln who set up the first land grant and launched the transcontinental railroad, the vision of teddy roosevelt to use the power of government to break up monopolies, the vision of dwight eisenhower who helped build the interstate highway system. and the vision of ronald reagan who despite his aversion to government, was willing to help

save social security for future generations, working with democrats. [applause] these were serious leaders for serious times. they were great politicians, but they did not spend all their time playing games. or scoring points. they did not always prey on people's fears and anxieties. they made mistakes, but they did what they thought was in the best interest of their country and its people. that is what the american people expect of us today. democrats, independents, and republicans, that is the debate they deserve. that is the leadership we. zero of them -- that is the leadership we owe them.

i know there is still a lot of hurt out there. when times are tough, i know it can be tempting to give into psittacism -- into cynicism, fear, and doubt and division. to set our sights a little bit lower, settle for something a little bit less. that is not who we park, ohio. those are not the values that built this country. we are here today because, in the worst of times, the people who came before us brought out the best in america because our parents and grandparents and great grandparents were willing to work and sacrifice for us. they were willing to take great risk and face great hardship and reach for a future that would give us the chance that a better light.

-- and a better life. they knew this country is greater than the sum of its parts. america is not about the ambitions of anyone individual but the aspirations of an entire people, and. nation that is who we are. that is our legacy. [applause] i am convinced that if we are willing to summon those values today and we are willing to choose hope over fear and choose the future over the past and come together once more around the great projects of national renewal, then we will restore our economy and rebuild our middle-class and reclaim the american dream for the next generation. thank you, god bless you, and may god bless the united states of america. [cheers and applause] ♪

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>> president obama is scheduled to talk again about the economy at a wise -- white house press conference friday. you can see it live beginning at 11:00 a.m. eastern time on c- span and on c-span.org. on c-span today, "washington journal" is next, live with phone calls. the democratic governors' association looks at this year's gubernatorial elections. later, live coverage of today's pentagon briefing. in about 45 minutes, we